Berenberg Bank set a €9.20 ($10.70) price objective on Aroundtown (ETR:AT1) in a research report released on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Several other equities analysts also recently issued reports on the stock. HSBC set a €8.80 ($10.23) price objective on shares of Aroundtown and gave the company a buy rating in a research note on Friday, September 6th. Nord/LB set a €7.55 ($8.78) price objective on shares of Aroundtown and gave the company a neutral rating in a research note on Wednesday, September 4th. Bankhaus Lampe set a €8.80 ($10.23) price objective on shares of Aroundtown and gave the company a buy rating in a research note on Wednesday, August 28th. Baader Bank set a €9.00 ($10.47) price objective on shares of Aroundtown and gave the company a buy rating in a research note on Tuesday, September 3rd. Finally, Jefferies Financial Group set a €8.50 ($9.88) price target on shares of Aroundtown and gave the stock a buy rating in a research report on Tuesday, September 3rd. Three investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Aroundtown currently has a consensus rating of Buy and a consensus target price of €8.62 ($10.02).

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Shares of AT1 opened at €6.91 ($8.04) on Monday. The company has a debt-to-equity ratio of 80.90, a quick ratio of 2.78 and a current ratio of 2.96. The company has a market capitalization of $8.46 billion and a price-to-earnings ratio of 5.15. The company’s 50 day simple moving average is €7.26 and its 200 day simple moving average is €7.41. Aroundtown has a 1 year low of €6.87 ($7.99) and a 1 year high of €7.95 ($9.24).

About Aroundtown

Aroundtown SA, together with its subsidiaries, operates as a real estate investment company in Germany, the Netherlands, the United Kingdom, and internationally. It invests in commercial and residential real estate properties, such as office, hotel, logistics, wholesale, retail, and other properties.